XAU · Convergence Trade
Current Spread (mark)
updated 1m ago+0.005%higher than 69% of spread values(window 1D)
long $3,886 · short $3,886.18(long 19s / short 1m old)
Entry Spread (order book)+0.004%on $10,000
long $3,886.01 · short $3,886.16(average execution prices, not mark)
market median $3,886· long +0.0%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.00%, but entry and exit cost 0.20% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.00% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$0.46 | -$49.54 | -$99.54 |
| Round-trip fees | −$20.00 | −$20.00 | −$20.00 |
| Slippage(orderbook) | −$0.06 | −$0.06 | −$0.06 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$19.60 | -$69.60 | -$119.60 |
Breakeven move 0.2006%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.01%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 285 samples
Current
+0.005%
69 pct
Median
+0.000%
Average
-0.001%
P25 → P75
-0.007% … +0.006%
Range
-0.049% … +0.073%
Std dev
±0.013%
tf
LONG
Binance Futures(cex)
Binance Futures(cex)- Mark Price
- $3,886
- Exchange Ticker
- XAUUSDT
- Taker / Maker
- 0.05% / 0.02%
- Funding APR(4h)
- +0.00%
- OI
- $492.16M
- 24h Vol
- $1210.64M
SHORT
grvt(dex)
grvt(dex)- Mark Price
- $3,886.18
- Exchange Ticker
- XAU_USDT_Perp
- Taker / Maker
- 0.05% / 0.01%
- Funding APR(4h)
- +0.00%
- OI
- $924.36K
- 24h Vol
- $2.65M
285 long / 285 short samples · 2 days · auto-refresh every 30s